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is higher today than when barack obama took office. think of that. >> and joining any now is "newsweek" columnist zachary caribel. let's get your analysis of the numbers. >> unemployment ticked up, but statistically it's a nonfactor. it's been where it is now for the past six, seven, eight months. it doesn't matter who is elected on tuesday. that's likely where we are. it's the only more than silver lining is you have moderate job creation. i think no one would prefer having less than 171,000 jobs created in a month. that's where we are right now. >> the anticipation was 125,000 job woos would be added. it's so intriguing the dynamics playing out in the northeast with sandy. when we started with a big calendar ticking down the job reports and the one right before the election, there was some analysis this would be big. it's not. >> one thing that's sort of odd and interesting about this is the three states with the worst unemployment levels, california, nevada and new jersey are solidly democratic. the whole republican argument that th
is higher today than when barack obama took office. think of that. >> and joining any now is "newsweek" columnist zachary caribel. let's get your analysis of the numbers. >> unemployment ticked up, but statistically it's a nonfactor. it's been where it is now for the past six, seven, eight months. it doesn't matter who is elected on tuesday. that's likely where we are. it's the only more than silver lining is you have moderate job creation. i think no one would prefer...
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might have eclipsed what could have been a hurdle for president obama. the october unemployment report. as it turns out, last month was a strong one for job creation. the labor department said 171,000 jobs were added last month, the unemployment rate ticked to 7.9%, but remained under 8% which is key for the president. in a move that surprised exactly no one, both campaigns tried to spin the news this morning. governor romney said this in wisconsin. >> he said he was going to lower the unemployment rate down to 5.2%. today we learned it's 7.9%, that's 9 million jobs short of what he promised. >> speaking in ohio the president highlighted the spike in job creation. >> and today our businesses have created nearly 5.5 million new jobs and this morning we learned that companies hired more workers in october than at any time in the last eight months. >> joining us now, from washington, the man with all the answers, cnbc's amman jabbers. what's your assessment of this jobs report? >> it's definitely a strong jobs report, stronger than expected consensus was ab
might have eclipsed what could have been a hurdle for president obama. the october unemployment report. as it turns out, last month was a strong one for job creation. the labor department said 171,000 jobs were added last month, the unemployment rate ticked to 7.9%, but remained under 8% which is key for the president. in a move that surprised exactly no one, both campaigns tried to spin the news this morning. governor romney said this in wisconsin. >> he said he was going to lower the...
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unemployment is higher today than when barack obama took office. think of that. unemployment today is higher on -- than on the day barack obama took office. >> now it's all about turnout. and enthusiasm. >> let me tell you something, i might be the only person in america, but i am far more enthusiastic about president obama this time than i was four years ago. >> speaking about getting that vote out. >> not exercising your right to vote is milalarkeymalarkey. >> early voters will receive a $5 million donation from donald trump. >> couldn't you want this e -- don't you want this election over with already? >> the homeland security department is responding to a growing crisis in new york and new jersey. massive shortages of fuel hampering recovery efforts and leaving millions of motorists with empty tanks. tom costello is in richfield, new jersey, with details on that temporary fix. >> hi, andrea. we've got a lot going on here. let me just set the stage for you. we're on the jersey turnpike and a lot of cars moving through here at the vince lombardi station, very q
unemployment is higher today than when barack obama took office. think of that. unemployment today is higher on -- than on the day barack obama took office. >> now it's all about turnout. and enthusiasm. >> let me tell you something, i might be the only person in america, but i am far more enthusiastic about president obama this time than i was four years ago. >> speaking about getting that vote out. >> not exercising your right to vote is milalarkeymalarkey. >>...
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unemployment today is higher than on the day barack obama took office. he promised that he would propose a plan to save social security and medicare from insolvency. he didn't. rather, he raided $716 billion from medicare to pay for his obama care. he said he was going to lower health insurance premiums for the average family by $2,500 a year by now. and actually, they are now $3,000 higher for an average family. and gasoline, the american family now pays $2,000 a year more for gasoline than when he was elected. of course, he also said he was going to work across the aisle on the most important issues. listen to this, he has not met on the economy or on the budget or on jobs with either of the republican leader of the house or the senate since july. instead of bridging the divide, he's made it wider. now, how is it that he's fallen so short of what he promised? in part, it's because he has never led before. he had never worked across the aisle before. he never truly understood how jobs are created and the economy. and, of course, today he is now making n
unemployment today is higher than on the day barack obama took office. he promised that he would propose a plan to save social security and medicare from insolvency. he didn't. rather, he raided $716 billion from medicare to pay for his obama care. he said he was going to lower health insurance premiums for the average family by $2,500 a year by now. and actually, they are now $3,000 higher for an average family. and gasoline, the american family now pays $2,000 a year more for gasoline than...
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it is comparing the unemployment rate now from when mr. obama took office. 7.8% on the day he took office and 7.9% now. that is literally no change over four years. president obama took office, really, at the worst possible moment in the economic crisis. the details tend to get lost in the political race. >>> thanks, scott. new this morning, the wait is over. the ipad mini hits store shelves this morning and people camped out for the new ipadre lea rele but not as many in the past. bob redell has more. >> reporter: about 50 people lined up in front of the apple store in los gatos this morning. a smaller line than the ones that have gone down the block for previous product releases. why is there not as much excitement? >> because the other tablets are available. you have the kindle and the google. >> reporter: comparable and a $329 price tag for the mini. when the doors opened at 8:00 this morning, price didn't seem to matter. the cash came out in wads. >> i have been waiting for so long to get one and everyone says get a kindle. it doesn't
it is comparing the unemployment rate now from when mr. obama took office. 7.8% on the day he took office and 7.9% now. that is literally no change over four years. president obama took office, really, at the worst possible moment in the economic crisis. the details tend to get lost in the political race. >>> thanks, scott. new this morning, the wait is over. the ipad mini hits store shelves this morning and people camped out for the new ipadre lea rele but not as many in the past. bob...
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unemployment is higher today than when barack obama took office. >> brown: what's more, romney warned, sticking with the president's economic policies will guarantee gridlock and worse. >> unless we change course, we may be looking at another recession. you can choose real change. you know that if the president is re-elected, he will still be unable to work with the people in congress. he has ignored them, attacked them, blamed them. the debt ceiling will come up again, and shutdown and default will be threatened, chilling the economy. >> brown: in turn, mr. obama accused his opponent of trying to scare voters over their economic futures. he pointed to a romney ad running in ohio that charges jeep is shipping jobs to china. >> you've got folks who work at the jeep plant who've been calling their employers worried, asking, "is it true? are our jobs being shipped to china?" and the reason they've been making these calls is that governor romney's been running an ad that says so. except it's not true. >> brown: chrysler has said it has no plans to move the jobs. the romney campaign insist
unemployment is higher today than when barack obama took office. >> brown: what's more, romney warned, sticking with the president's economic policies will guarantee gridlock and worse. >> unless we change course, we may be looking at another recession. you can choose real change. you know that if the president is re-elected, he will still be unable to work with the people in congress. he has ignored them, attacked them, blamed them. the debt ceiling will come up again, and shutdown...
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unemployment benefit claims down. worker productivity up. auto sales rising. home builders increasing construction. manufacturing expansion. gains in retail sales. and consumer confidence at the highest level since a year before president obama took office. tomorrow morning at about 8:30 a.m. eastern, we will know if those positive indicators since the last time we got a jobs report mean that we're about to get another good jobs report. if so, that would be very good news for the country. it would also be good news for the president's re-election efforts. if the jobs number is not a good number tomorrow morning, the right will be all over the president for having a bad number. if the number is a good number, the right will not be all over that number. the right will deny that that number is true. if last month's past is prologue. the right and left used to fight about what to do in the country. now the right fights with the whole rest of the country about what is true. >>> remember the long gas lines of the 1970s that were the result of the opec embargo? maybe
unemployment benefit claims down. worker productivity up. auto sales rising. home builders increasing construction. manufacturing expansion. gains in retail sales. and consumer confidence at the highest level since a year before president obama took office. tomorrow morning at about 8:30 a.m. eastern, we will know if those positive indicators since the last time we got a jobs report mean that we're about to get another good jobs report. if so, that would be very good news for the country. it...
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president obama, defending his record. the war in iraq is over, osama bin laden is dead, and our heroes are coming home. our businesses have created more than 5 million new jobs in the last 2 1/2 years, home values and 401(k)s are rising. we are less dependent on foreign oil than at any time in the last 20 years and the american auto industry is back on track. very much on message. today they're saying it on cnn.com, special op-eds that only we have. cnn political editor paul steinhauser is live in washington this morning. paul, this is the campaign weekend of the election. the biggest push there is. we only see it every four years. the final weekend. what do the campaigns have planned? >> it's all about location, location, location. let's go right to the map. here's where the president is going to be starting today, straight through election day. you can see ohio, ohio, ohio. the president's going to be in ohio each of the final four days. he also has got two trips to iowa. he's going to end his campaign on monday night i
president obama, defending his record. the war in iraq is over, osama bin laden is dead, and our heroes are coming home. our businesses have created more than 5 million new jobs in the last 2 1/2 years, home values and 401(k)s are rising. we are less dependent on foreign oil than at any time in the last 20 years and the american auto industry is back on track. very much on message. today they're saying it on cnn.com, special op-eds that only we have. cnn political editor paul steinhauser is...
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unemployment is higher today than when barack obama took office. think of that. >> reporter: of course, the question is, how much any of that messaging matters. so much of the vote has already been decided in the minds of individual voters. so that what matters is the calls being made at this afl-cio phone bank trying to get their supporters out to vote, business, u.s. chambers doing exactly the same thing for the republicans. we're going to know on tuesday which side was more successful, larry. >> all right. john harwood. many thanks for that. >>> now president obama and mitt romney are crisscrossing the country in these critical final four days. obama's going to visit colorado, iowa, wisconsin, ohio, virginia, new hampshire, and florida. and an almost identical tour for romney excepts he swaps florida in favor of, get this, pennsylvania. very interesting. now you're going to be looking, there it is, live pictures of westchester, ohio, where a mitt romney rally is under way. tens of thousands there, and lines to come into the rally stretch out for
unemployment is higher today than when barack obama took office. think of that. >> reporter: of course, the question is, how much any of that messaging matters. so much of the vote has already been decided in the minds of individual voters. so that what matters is the calls being made at this afl-cio phone bank trying to get their supporters out to vote, business, u.s. chambers doing exactly the same thing for the republicans. we're going to know on tuesday which side was more successful,...
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instead, he focused on obama care which killed jobs, crippling unemployment conditions. i know when i'm elected the economy and the american job market will still be stagnant. >> rousing stuff there. joining us is ezra klein of the "washington post." good afternoon. >> good afternoon. >> a jobs report this late into the election isn't likely to sway a significant number of voters, but for the past few months romney has kept losing his talking points. what does he do now? >> well, i mean, he says it remains a bad economy which is not growing fast enough. i would actually give him one of the talking points you took. it's true people rejoined the labor force this month but a lot have dropped out of it since four years ago. the problem with the talking point, the problem with all of romney talking points is the entire economy is not about obama. romney does appear to believe the president has magic definitive powers about -- >> that is the central irony of this man's claim, isn't it? >> a couple years ago when george w. bush is being blamed for a weak economy, nothing like t
instead, he focused on obama care which killed jobs, crippling unemployment conditions. i know when i'm elected the economy and the american job market will still be stagnant. >> rousing stuff there. joining us is ezra klein of the "washington post." good afternoon. >> good afternoon. >> a jobs report this late into the election isn't likely to sway a significant number of voters, but for the past few months romney has kept losing his talking points. what does he do...
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unemployment is higher today than when barack obama took office. melissa: so how important is this report to the election? coming here to weigh in, chief political strategist at potomac research group. thank you for coming on. >> my pleasure, great to see you. melissa: what do you think? both sides trying to spin the numbers. >> i was told the white house was fearful the numbers could have been back at 8%, and it wasn't or that they could be under 100,000, and they weren't. i also think the romney campaign was hoping for a number that would have helped them more. for the 18 people in america who have not decided who they're going to vote for, i think it is probably neutral. melissa: it is not good for the president that number would go from 7.827.9, yet it is still below eight but a lot of people thought as the magic number. our greenroom pointed out to us it was actually 7.5% when jimmy carter was taking on ronald reagan who was even lower than, which i was surprised about. you can go any which way, but as you said, are there really that many peop
unemployment is higher today than when barack obama took office. melissa: so how important is this report to the election? coming here to weigh in, chief political strategist at potomac research group. thank you for coming on. >> my pleasure, great to see you. melissa: what do you think? both sides trying to spin the numbers. >> i was told the white house was fearful the numbers could have been back at 8%, and it wasn't or that they could be under 100,000, and they weren't. i also...
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candy because she was celebrating the 7.9% unemployment rate. stuart: you're kidding me, are you kidding me? >> i'm telling you, she's photographed it's all over twitter handing out candy to the reporters. they find these numbers a reason to celebrate. this is not the new normal. most americans understand that this could be done in the first term. you know, obama is trying to backtrack from his one term proposition deal. president reagan did this in one term and the reagan recovery was all about 500 to a million new jobs created every single month and economic growth of 5 to 9%, we're nowhere near this. this is not a recovery, this is a joke. charles: and a quick cheat sheet. 12.3% unemployed. 8% part final. 2.4% marginally attacked 23 million people your real unemployment number and here is shocking black unemployment rate skyrocketed to 14.3% from 13.4. stuart: in one month? >> yes. stuart: from 13 to 14% black unemployment in one month. charles: skyrocket, but you've got the vote. 98%, it doesn't matter if they're suffering or not. hispanic u
candy because she was celebrating the 7.9% unemployment rate. stuart: you're kidding me, are you kidding me? >> i'm telling you, she's photographed it's all over twitter handing out candy to the reporters. they find these numbers a reason to celebrate. this is not the new normal. most americans understand that this could be done in the first term. you know, obama is trying to backtrack from his one term proposition deal. president reagan did this in one term and the reagan recovery was...
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unemployment is higher today than when barack obama took office. think of that. unemployment is higher today than on the day barack obama took office. [booing]. he promised to propose a plan to save social security and medicare from insolvency. he didn't. rather than he raided $716 billion from medicare to pay for his vaunted obamacare. [booing] he said he would lower health insurance premiums for the average family. by $2500 a year by now. actually by now they are now 3,000 higher for an average family. and gasoline, the american family now pays $2,000 a year more for gasoline than when he was elected. of course he also said he would work across the aisle. the most important issues. listen to this. he has not met on the economy or on the budget or on jobs with either of the republican leader of the house or the senate since july. instead of bridging the divide, he made it wider. now how is it that he has fallen so short of what he promised? in part it is because he never led before. he never worked across the aisle before. he never truly understood how jobs are
unemployment is higher today than when barack obama took office. think of that. unemployment is higher today than on the day barack obama took office. [booing]. he promised to propose a plan to save social security and medicare from insolvency. he didn't. rather than he raided $716 billion from medicare to pay for his vaunted obamacare. [booing] he said he would lower health insurance premiums for the average family. by $2500 a year by now. actually by now they are now 3,000 higher for an...
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good numbers for obama? >> yes, they are, except if i were on the other side of this, what i would play up is the tick up in the unemployment rate, which is what the romney campaign bill do. >> you can spin it both ways and they will. >> solid numbers. hard to say this is an advantage for either camp. >> thank you very much for getting us those numbers so quickly too. >> you bet. >>> a student at a san jose elementary school is suing the principal, teacher and a school district for negligence and sexual abuse. the lawsuit claiming she was abused by her teacher at o.b. whaly elementary school two years ago and the principal failed to act on those allegations. the criminal trial against the principal is expected to wrap up sometime today. she's facing charges for failing to report the abuse allegations against craig chandler. she admitted in court yesterday she did know about parents' concerns with chandler but didn't report him because she was assured by him he was not doing anything inappropriate. chandler w
good numbers for obama? >> yes, they are, except if i were on the other side of this, what i would play up is the tick up in the unemployment rate, which is what the romney campaign bill do. >> you can spin it both ways and they will. >> solid numbers. hard to say this is an advantage for either camp. >> thank you very much for getting us those numbers so quickly too. >> you bet. >>> a student at a san jose elementary school is suing the principal, teacher...
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this is obama's base. african-americans, unemployment, 14.3%. young people. young people, trying to rally to get to polls on tuesday are at 16%. people forget the government only factors people looking for work in the last four weeks. i doesn't factor all of the people who stopped looking for work or people with experience and degrees who are in fast food restaurants right now. in addition to the part-time work. so i would have a hard time with the president coming out, saying that this is great and we're where we need to be. >> dana: go ahead, bob. >> bob: i was going to say that the people not looking for work, said for the first time it's now changed course and more people are entering the workforce looking for work. that is not accurate. >> dana: unable to find full-time jobs. >> eric: you are quoting a stat that really bad for president obama. around 4 million people over the last four years have left the workforce. >> dana: not only that, let me tell you, which this is where i am today -- misery up to 80%. economic misery up to 80%. if you are president
this is obama's base. african-americans, unemployment, 14.3%. young people. young people, trying to rally to get to polls on tuesday are at 16%. people forget the government only factors people looking for work in the last four weeks. i doesn't factor all of the people who stopped looking for work or people with experience and degrees who are in fast food restaurants right now. in addition to the part-time work. so i would have a hard time with the president coming out, saying that this is...
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september unemployment rate of 7%. in a state that president obama won by a little more than four points in 2008. go beyond the numbers and explain why ohio has been described as the ultimate battleground state. guest: great question. ohio doesn't need any more spotlight. the candidates themselves and their running mates have been in ohio about 80 plus times by the time this weekend is over. that is a lot of activity. and the reason they are here, ohio is that crucial bellwether. and has only been a wrong i think twice in the last 10 or 12 years and predicting a president. we have a great balance of republicans, democrats and independents. about a third of each. in ohio, you do not have to declare a party come your affiliation is determined by which primary votes to cast. and you have some flexibility. also, the geography of ohio lends itself to become a great slice of america. it going to the northeast of ohio on the shores of lake erie, the south shores of lake erie compared to canada, you will find a lot of the indu
september unemployment rate of 7%. in a state that president obama won by a little more than four points in 2008. go beyond the numbers and explain why ohio has been described as the ultimate battleground state. guest: great question. ohio doesn't need any more spotlight. the candidates themselves and their running mates have been in ohio about 80 plus times by the time this weekend is over. that is a lot of activity. and the reason they are here, ohio is that crucial bellwether. and has only...
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. >> the obama campaign says unemployment went up because more people are re-entering the job market, newly optimistic about jobs being created. >> the american auto industry is back on top. home values are on the rise. >> but mitt romney was quick to insist not enough new jobs are being created to energize the still is the candidate who knows how. >> i will have a lot of people offering advice, and i know a lot about it myself to begin with. >> virginia remains one of the most coveted prizes to win on tuesday. barack obama has two rallies here tomorrow. on monday, the final day of campaigning, mitt romney will spend his day in lynchburg and head to a rally -- at george mason university. >> thanks, rebecca. residents of maryland turned out in big numbers for their final chance to turn in an early voting ballot. the state board of elections said early voting hit a record high of nearly 300,000 this year extended by one day because of hurricane sandy. >> through election day, if you see any problems at polling places, from long lines to machine of functions, please let us know. you can
. >> the obama campaign says unemployment went up because more people are re-entering the job market, newly optimistic about jobs being created. >> the american auto industry is back on top. home values are on the rise. >> but mitt romney was quick to insist not enough new jobs are being created to energize the still is the candidate who knows how. >> i will have a lot of people offering advice, and i know a lot about it myself to begin with. >> virginia remains...
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while president obama went up to 36% from 27%. >> gretchen: fox business alert. just minutes away from seeing the last unemployment report before election day. so what can we expect? we're joined by charles payne. before we get to that, earlier when you were on, we were talking about some of these utility crews coming from alabama and maybe that they weren't allowed to do some of the work there because they were in new jersey, which is a union state. it turns out now a lot of our viewers have said that actually they've seen the alabama crews working. so hopefully that is what's happening. >> hopefully it is. absolutely. although we saw the reports contrary to that. it wouldn't be surprising if that were the case. but hopefully everyone is allowed to pitch in and save people. >> steve: absolutely. let's talk about the number. how big is this? >> it has the focus to be huge. let's say the headline is unemployment rate, 8.4%, that kind of thing, then certainly coupled with a gdp of 2% and the most recent reading for the current quarter, third quarter, 1.3%, the quar
while president obama went up to 36% from 27%. >> gretchen: fox business alert. just minutes away from seeing the last unemployment report before election day. so what can we expect? we're joined by charles payne. before we get to that, earlier when you were on, we were talking about some of these utility crews coming from alabama and maybe that they weren't allowed to do some of the work there because they were in new jersey, which is a union state. it turns out now a lot of our viewers...
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unemployment is higher today than when barack obama took office. >> romney picking up a talking point the unemployment rate rose to 7.9%. a month ago to recall in a september jobs report the rate dropped unexpectedly from 8.1% to 7.8%, which was the rate the president obama had when he took office in january 2009. giving the president a talking point, given that one back. dennis: thank you very much, peter barnes. cheryl: our next guest says recovery is simply not enough anymore and the october jobs report is another reminder we are nowhere near economic expansion. the chairman joins us now. why are you so focus on the idea of expansion and not recovery? >> when you look at the jobs report, remember, you have close to 150, maybe 200,000 new entrants into the job market every month. we have a jobs report like this, good, right on the margins very good and improving. we're still not absorbing or creating new jobs, not showing expanding economy so if we're looking to invest in other people's money like we do every day, we want to see an expanding economy, we want to know the things we ar
unemployment is higher today than when barack obama took office. >> romney picking up a talking point the unemployment rate rose to 7.9%. a month ago to recall in a september jobs report the rate dropped unexpectedly from 8.1% to 7.8%, which was the rate the president obama had when he took office in january 2009. giving the president a talking point, given that one back. dennis: thank you very much, peter barnes. cheryl: our next guest says recovery is simply not enough anymore and the...
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unemployment today is higher than on the day barack obama took office. he promised that he would propose a plan to save social security and medicare from insolvency. he didn't. rather, he raided $716 billion from medicare to pay for his vaunted obama care. he said he was going to lower health insurance premiums for the average family. by $2,500 a year by now. and actually by now they are now $3,000 higher for an average family, and gasoline. the american family now pays $2,000 a year more for gasoline than when he was elected. of course, he also said he was going to work across the aisle on the most important issues. listen to this, he has not met on the economy or on the budget or on jobs with either of the republican leader of the house or the senate since july. instead of bridging the divide, he's made it wider. now, how is it that he's fallen so short of what he promised? in part it's because he never led before. he'd never worked across the aisle before. he never truly understood how jobs are created in the economy. and, of course, today he's now ma
unemployment today is higher than on the day barack obama took office. he promised that he would propose a plan to save social security and medicare from insolvency. he didn't. rather, he raided $716 billion from medicare to pay for his vaunted obama care. he said he was going to lower health insurance premiums for the average family. by $2,500 a year by now. and actually by now they are now $3,000 higher for an average family, and gasoline. the american family now pays $2,000 a year more for...
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president's see, under 8% unemployment rate -- during this barack obama presidency. 32 months of the private sector job growth. you compare that to where we were when bush left office and the president took office. that is a remarkable improvement. that is the pathway to recovery, and president obama has been leading that. this is no time to change course and go back to -- we don't know what we will be getting with governor romney. he was governor of massachusetts. rounding achievement was mandatory health care for everyone -- his crowning achievement. what president's day will we get from former governor romney? -- what presidency will we get? host: we will stop there. you both made your campaign statements. now we will turn it over to viewers, and if you can keep your answers a little shorter so we can get as many in. our two guests had been gracious enough to join us from the leesburg, virginia, loudoun county courthouse. about an hour outside of washington. robert in columbia, south carolina, on the democrats' line here you are first. go ahead. caller: good morning, c-span, ameri
president's see, under 8% unemployment rate -- during this barack obama presidency. 32 months of the private sector job growth. you compare that to where we were when bush left office and the president took office. that is a remarkable improvement. that is the pathway to recovery, and president obama has been leading that. this is no time to change course and go back to -- we don't know what we will be getting with governor romney. he was governor of massachusetts. rounding achievement was...
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unemployment is higher today than when barack obama took office. think of that, today's unemployment is higher today than the day barack obama took office. he promised to save social security and medicare from insolvency, and he didn't. rather he raided $716 billion from medicare to pay for the obama devoted obama care. he said he would lower health care insurance premiums for the average family by $2,500 a year by each other, and now they are $3,000 higher for a average family. and gasoline, the american family now pays $2,000 a year more for gasoline than when he was elected. of course, he also said he would work across the aisle on the most important issues. listen to, this he has not met on the economy or the budget or on jobs with either of the republican leader of the house or the senate since july. instead of bridging the divide, he's made it wider. now how is it that he has fallen so short of what he promised? in part, it is because he never led before. he never worked across the aisle before, and he never truly understood how jobs are crea
unemployment is higher today than when barack obama took office. think of that, today's unemployment is higher today than the day barack obama took office. he promised to save social security and medicare from insolvency, and he didn't. rather he raided $716 billion from medicare to pay for the obama devoted obama care. he said he would lower health care insurance premiums for the average family by $2,500 a year by each other, and now they are $3,000 higher for a average family. and gasoline,...
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obama is re-elected. >> he said he would lower the unemployment rate, down to 5.#% now. today we learn it's actually 7.9%. that is 9 million jobs short of what he promised. unemployment is higher today than when obama took office. >> former labor department official notes at this pace it would take decade to get back to full employment. >> we need to have certain growth to keep up with the population. we're still talking nine or ten years of recovery. >> yet, the president has a narrow lead in ohio because the state's unemployment rate is only 7%. the president has gotten some credit for the auto bail-out. he charged today romney is trying to win this state by falsely charging in an ad the bail-out will lead chrysler to shift jobs from jeep plant here to china. >> everybody knows it's not true. the car companies themselves have told governor romney to knock it off. >> romney spokeswoman stood behind the ad charging, "his mismanagement of the process exposed taxpayers to $25 billion loss." companies are expanding production overseas. woman at the president's first event r
obama is re-elected. >> he said he would lower the unemployment rate, down to 5.#% now. today we learn it's actually 7.9%. that is 9 million jobs short of what he promised. unemployment is higher today than when obama took office. >> former labor department official notes at this pace it would take decade to get back to full employment. >> we need to have certain growth to keep up with the population. we're still talking nine or ten years of recovery. >> yet, the...
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we're supposed to have 6% unemployment, according to obama, if he spent $5 trillion. that's not what we got. we know that obama's plan put us in the worst position, fewer people working. fewer people in the workforce. people have given up on job opportunities. very weak economic growth. >> you know, i think a lot of voters, too, are sort of frustrated by the lack of anybody in congress working to the. and john earlier you were talking about the severe partisanship. and some people point to you in this taxpayer protection pledge, which i have on me. i don't know if people can see it clearly. you have everyone sign for the house of reps, i pledge i will oppose any and all efforts to increase the marginal income tax to oppose any net reduction or elimination of deductions. this one is for the senate. this one is for governors. this one is for state legislatures. you have a whole list, mostly republicans, almost every republican, who has signed onto that. and people who say when you start from there you create an environment where it's impossible to have any kind of negot
we're supposed to have 6% unemployment, according to obama, if he spent $5 trillion. that's not what we got. we know that obama's plan put us in the worst position, fewer people working. fewer people in the workforce. people have given up on job opportunities. very weak economic growth. >> you know, i think a lot of voters, too, are sort of frustrated by the lack of anybody in congress working to the. and john earlier you were talking about the severe partisanship. and some people point...
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Nov 2, 2012
11/12
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when president obama was inaugurated, unemployment was 12.6% here. now it's 7.5%. so it's consistent not only with that overall decline here but also with the dynamic where ohio's unemployment rate is less than the nation's. that hasn't happened in decades. there's a silver lining even with all the frustration about the sluggish recovery in ohio. >> so the issue is like in ohio and everywhere else -- in many of the swing states, they have republican governors. >> that's right. >> who takes responsibility for the fact that in some cases you might be better off than you were four years ago? we see signs on the highway. one yesterday said no president obama, we're not better off than we were four years ago. not everybody shares the view. we talk to a lot of people in ohio who says things are better. who gets the credit? >> the republicans say it has nothing to do with president obama or the auto bailouts but policies put in place by governor kasic. a very controversial ad, the oug auto bailout has helped the economy and the industry. that is tangible. i think presiden
when president obama was inaugurated, unemployment was 12.6% here. now it's 7.5%. so it's consistent not only with that overall decline here but also with the dynamic where ohio's unemployment rate is less than the nation's. that hasn't happened in decades. there's a silver lining even with all the frustration about the sluggish recovery in ohio. >> so the issue is like in ohio and everywhere else -- in many of the swing states, they have republican governors. >> that's right....
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Nov 2, 2012
11/12
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MSNBC
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what we're hearing is the unemployment rate is higher today than when obama took office. with fewer people in the workforce, we can't afford four more years of this. your response to those concerns, quite frankly, that the jobs number is higher than what it was? >> well, we fully expected mitt romney and his group wasn't going to come out and endorse what the number is. we've been nearly 5.5 million jobs created. we're moving in the right direction. the question for people right now is where do they want to go from here? the president will say today, we've come too far to turn back now. >> there is a new line of attack we're hearing from mitt romney. he started it yesterday. i'm going to play a little clip right now. >> we've got to find something to suggest it's going to be better over the next four years. so we came up with an idea last week, which is he's going to create the department of business. i don't think adding a new chair in his cabinet will help add millions of jobs on main street. >> jobs, jobs, more jobs. it's what i've been hearing since i've been on the g
what we're hearing is the unemployment rate is higher today than when obama took office. with fewer people in the workforce, we can't afford four more years of this. your response to those concerns, quite frankly, that the jobs number is higher than what it was? >> well, we fully expected mitt romney and his group wasn't going to come out and endorse what the number is. we've been nearly 5.5 million jobs created. we're moving in the right direction. the question for people right now is...
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unemployment is higher today than when barack obama took office. >> now, as you might expect, the president is zeroing in on the job numbers. here he is, take a listen. >> today our businesses have created nearly 5.5 million new jobs and this morning we learned the companies hired more workers in october than at any time in the last eight months. >> all right, with that said, i want to bring in now our chief business correspondent, mr. ali velshi, he's traveling on the cnn election express and also there is john avalon, cnn contributor. hello, gentlemen. listen, you all heard what the president and mr. romney had to say, but, you know, let's talk about the political capital here. who is going to get more political capital out of this with just four days to the election, ali? >> well, hands down president obama because he had the most to lose out of this thing. the issue was if the unemployment rate went up substantially, or more importantly if the 171,000 jobs weren't created. the expectation was for 125,000 jobs. as long as he cleared that, he was going to be okay. barack obama gets more o
unemployment is higher today than when barack obama took office. >> now, as you might expect, the president is zeroing in on the job numbers. here he is, take a listen. >> today our businesses have created nearly 5.5 million new jobs and this morning we learned the companies hired more workers in october than at any time in the last eight months. >> all right, with that said, i want to bring in now our chief business correspondent, mr. ali velshi, he's traveling on the cnn...
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Nov 2, 2012
11/12
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WUSA
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if you look at the unemployment rate, over the last 45 months since president obama took office, the unemployment rate has come down. last month it was the lowest level since he took office. in fact, it was below where he took office, but the amount of job creation on a month-to-month basis has been slowing down. it's actually been a little bit smaller. so when you think about job creation and creating new jobs and driving the economy forward, that's an area where some economists will say it's not as strong. one area where we have seen jobs come back, and this was last month, is government work. one area where we've actually seen things drop off a bit is manufacturing, which has been one of the strongest sectors in our economy. >> thank you. norah? >>> for four days during superstorm sandy, president obama and mitt romney took it easy on each other, but on thursday they were back on the attack. >> this is no time for small measures. this is time for real change. when i'm elected president on day one we'll bring real change to america. >> he's saying he's the candidate of change. well
if you look at the unemployment rate, over the last 45 months since president obama took office, the unemployment rate has come down. last month it was the lowest level since he took office. in fact, it was below where he took office, but the amount of job creation on a month-to-month basis has been slowing down. it's actually been a little bit smaller. so when you think about job creation and creating new jobs and driving the economy forward, that's an area where some economists will say it's...